The sales of new U.S. single family homes fell only slightly in November in the wake of higher mortgage rates. Meanwhile, prices on new homes continued to rise, signaling to national housing market experts that the market truly is weathering higher mortgage rates, according to a recent news article. National Housing Market Showing Resilience, Experts […]
It’s a Seller’s Market for Ann Arbor Real Estate With a continued decline in inventory, the overall Ann Arbor real estate market is currently in a seller’s market with a 3.9 month supply of homes listed for sale. All price ranges, except for over $1 million, are experiencing a seller’s or balanced market. This is […]
Home prices in both the United States and Canada have steadily been increasing over the last several months, according to recent housing market data. Evidently, CoreLogic Home Price Index recently reported that U.S. home prices have increased in nearly all major cities, and were up 12.4 percent year-over-year in August. Meanwhile, in Canada, home prices […]
Not all Realtors are Created Equally! Have you been considering selling your home, but don’t have a realtor? Remember that real estate is a business transaction and one of the largest you’ll make in your lifetime. Do you want to trust it to your neighbor’s cousin who just got their real estate license? Most likely […]
The national housing market continues to show great gains lately, according to recent data from the Standard & Poor’s Case/Shiller home price index and other national sources. Despite some setbacks like rising mortgage rates, the housing market is on an upward swing. Just Consider These 3 Indicators: 1.) More sellers are listing their homes 2.) […]
The housing market is on the mend and is not as grossly out of whack as it has been in years past, according to a recent USA Today article. Evidently, housing markets across the country are reporting that more homes are coming on the market and asking prices are leveling out. This all means that […]
Hot Summer Sales for Ann Arbor Real Estate Ann Arbor home sales remain high through the summer months, one of the busiest times for real estate, with 1267 homes sold in the past 12 months. Since July of 2012, home sales have averaged 1234 per month, indicating a strong and steady pool of buyers. Inventory […]
Home prices continue to climb for the national housing market, according to the most recent reports. Real estate data specialist RealtyTrac recently revealed that property prices across the country are up 5 percent year-over-year. Meanwhile, home sales are up 8 percent. And the news just keeps getting better for national home sellers! More Information on […]
The National Association of Realtors recently released some data that is sure to be encouraging for anyone thinking about selling a home. Evidently, existing home sales increased for the second month in a row in May to a level that is significantly higher than last year. What’s more, median home sales prices saw double-digit year-over-year […]
Many would-be Ann Arbor home sellers want to rush the market in the summertime because they’ve heard that it’s saturated with home buyers. While it’s true that the spring and summer are traditionally great times to sell because buyers are interested in moving in before the school year starts, it is still important for sellers […]
